Replies to post #64390 on Plastic2Oil Inc (PTOI)

[Rawnoc]

Despite this exemption, the Company must still comply with Section 404(a) of SOX which requires management to assess the performance of internal controls.

The Company believes that quotation of its stock on the OTCQX will commence in the near future.

[fourkids_9pets]

very very nice .. congrats all jbii longs :)

gotta love a sox compliant co. that not only
is a quick study .. but understands *tactics*

--
4kids
all jmo

[Estimated_Prophet]

The bulk fuel blending site enables the Company to

1.
Store fuel from our P2O processors.
2.
Blend additives (if required) to bring our fuel to a standard that permits the wholesale/commercial/retail sale of our fuel.
3.
In-house testing of blended fuel without the cost and delays of using external laboratories.
4.
Distribute our fuel to commercial and retail customers.
5.
Load four tanker trucks simultaneously through our bottom-loading rack.
6.
Unload tanker trucks through a separate unloading rack.
7.
Inject butane or ethanol consistent with industry practices.
8.
Flexibility to blend fuels including: gasoline, diesel, kerosene, furnace oil, and specialty fuels.

By acquiring the bulk fuel blending site, JBI is not dependent on 3rd party fuel refining, processing, testing, sales, and distribution. The site will service local JBI processors and enables the Company to maximize the sale price of the output by selling further down the value chain. The output from the process can still be sold to refineries at market rates.

[umiak]

The Company intends to operate the processor in full commercial capacity upon receipt of the air permit."

[Ranb2khz]

Sounds like 'money in the bank' to me!

STACK TEST SCHEDULED FOR AUGUST, BOYS!!!

"In July 2010, the Company scheduled a tentative date in August for an air permit test for its first production P2O processor. The configuration of the processor is in working condition and has allowed the stack test to be scheduled, contingent upon the availability of testing and regulatory attendees. The Company intends to operate the processor in full commercial capacity upon receipt of the air permit.

"